"It is above all the impersonal and economically rationalized (but for this very reason ethically irrational) character of purely commercial relationships that evokes the suspicion, never clearly expressed but all the more strongly felt, of ethical religions. For every purely personal relationship of man to man, of whatever sort and even including complete enslavement, may be subjected to ethical requirements and ethically regulated. This is true because the structures of these relationships depend upon the individual wills of the participants, leaving room in such relations for manifestations of the virtue of charity. But this is not the situation in the realm of economically rationalised relationships, where personal control is exercised in inverse ratio to the degree of rational differentiation of the economic structure."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Max Weber, Sociology of Religion (1922), as translated by Ephraim Fischoff (Beacon Press: 1963), pp. 216-217
https://en.wikiquote.org/wiki/Market
Revision History
No revisions have been submitted for this quote.
Categories
Market
43 quotes on TrueQuotesView all quotes by Market →
Related Quotes
"Having created the conditions that make markets possible, democracy must do all the things that markets undo or canno…"
"In and of itself, the market is not, and must not become, the place where the strong subdue the weak."
"The market does not exist in the pure state. It is shaped by the cultural configurations which define it and give it …"
"Markets are social organizations, structured and regulated by more or less well-defined social rule systems."
"Vulgar libertarian apologists for capitalism use the term "free market" in an equivocal sense: they seem to have trou…"
"As the most powerful state, the U.S. makes its own laws, using force and conducting economic warfare at will. It also…"
"Big industry has brought all the people of the Earth into contact with each other, has merged all local markets into …"
"By creating the world market, big industry has already brought all the peoples of the Earth, and especially the civil…"
"Markets are interested in profits and profits only; service, quality, and general affluence are different functions a…"
"If an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it…"